The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1887-11-10


The South is making quite fine
record as a manufacturing country
record which shows much for the
present and promises much for the
future. The Manufacturers Record
publishes q compilation of increase
in the manufacture of cotton in the
several States and the per centage of
profit, which viii average fully 20
per cent. on the cost.
South Carolina leads the other
Southern States in this unmistakable
growth, but is followed very closely
by North Carolina and Georgia.
The growth of the South as man
ufacturing section will be not merely
a steady but constantly accelerated
growth. It has been this in the past.
Every profitable investment here ad
vertises the advantages of the section
and brings others. The publication
Of the enormous average profit of
fully 20 per cent. on the investment
will show capitalists the advantages
of our section in manner that no
arguments could. Facts beat theo-
ries, and the best proof that a thing
can be done is found in the fact that
it has been done.
| Everyone realizes to a certain ex-
tent the advantage there is in saving
the cost of transportion. Cotton
costs the New England factories
more than 10 per cent. above what
our factories have to pay, and ship
ping the manufactured goods back
to the South will cost something
say d per cent. of their price; so our
factories have an advantage in the
home market Of over 123 per cent
In other words, if other things be
sides the cost of transportation are
equal, a factory which in Massachu.
sets would pay dividend of u pc,
cent. would in Louisiana pay 20 pc,
cent, or be nearly three times as val
: liable. A factory which in New Eng
: land merely pays expenses wouli
8 here pay 124 per cent.-a very hand
some profit.
Of course these figures will not al
:, ways represent the true state O
things, as there are many other ele
ments that go to make an enterpris,
y success or failure. The cost O
labor and the quality of labor, tn
amount of capital and it's safety, tn
r proximity to market and man,
2 other things have to be considered
|. but we are confident that the Soutl
: possesses advantages in these re
c spects, taken on an average, not in
: ferior to those of the North or an,
other part of the world.
: In one respect we have an advan
tango. Our water courses are faith
full servants all the year. Our mill
never have to stop on account of ice
while those at the North are frequent
ly compelled to do so. These advan
tages add not simply to the gross
earnings, but add as much to the ne
i profits, and in any business wher.
;. the profits were not enormous, would
q make difference which would b,
q the difference between success ant
}. failure.
: These facts are better realized nov
than they were few years ago, ant
they will continue to be more anc
more appreciated and will continu,
to draw more and more money int
our section as time goes by. Til,
wish may have something to do will
the thought that time of very
great prosperity is near us, but W.
think the history of the past few
years warrants it, and we expect te
see the South grow in wealth ani
r population during the next decade al
it has never grown before.
) st. Landry Democrat: cit is re